The United Bank is to sponsor the eighth edition of Builders of Egypt Conference 2023
28/05/2023
Under the auspices of the Prime Minister
The United Bank is to sponsor the eighth edition of Builders of Egypt Conference 2023
Cairo: May 28th, 2023
Under the auspices of His Excellency, Egypt Prime Minister - Dr. Mostafa Madbouly, and with the presence of Dr. Nevine Kabag – Minster of Social Solidarity, Soha Gendy – Minister of Emigration and Egyptian Expatriates’ Affairs and Dr. Mohamed Shaker – Minster of Electricity and Renewable Energy, The United Bank announces its sponsorship to Builders of Egypt 2023 in its eighth edition.
The conference was held today in Cairo, Under the title of “Egypt’s promising opportunities to export construction and building industry in the region” with a main target is to find a way to provide a supportive environment for the construction and building industry and export the Egyptian contracting sector.
The conference hosts this year, The Kingdom of Saudi Arabia- as a guest of honor. As the Saudi Investment Ministry and the African Union for construction and building contractors, participate in the conference. As well as, a number of senior officials, and delegates representing a number of African countries, and sister Arab countries, businesspersons, Egyptian economists, and a constellation of media figures.
The conference demonstrates in its sessions a number of important issues, such as development plans that sought by African and Arab countries to rebuild and develop. As well as, the challenges and opportunities that face African countries amid the economic changes and global crisis. Those changes and challenges require international monetary policies that have big impact on the international economic growth in general as an integrated development plans and start-ups sustainable market.
The Builders of Egypt also demonstrates the integrated financing and organizing frameworks, in order to accomplish cooperation all concerning authorities and supplementary parties for contractors activities and real-estate development, either governmental or private sector, in order to simplify the export process for the Egyptian contracting sector. And how to take precautions against the current changes, which needs more flexible and integrated financial and operative policies among the governments of the region and the doing authorities in the construction and building sector, these all to enhance the trust in the future.
Ashraf El Kady- Chief Executive Officer and Managing Director of The United Bank stated that the investment in real estate and the construction and building sector possesses a big share in the Arab and African market. The thing that makes financing institutions, either local or international, in a need to innovation for a variable package of financing, especially the green sustainable finance, which supports its competitiveness on an international level.
Coming on top of these specialized financing solutions to increase the volume of investments, especially in the projects sector with all its kinds and different volumes of large, medium and small projects. Either through conventional solutions or with sharia provisions solutions. In addition to the mortgage financing services for individuals or corporates in new urban communities, as per The Central Bank of Egypt initiative.
UB provides a number of deposits, certificates, and saving deposits, either conventional or compatible with sharia provisions. In addition to an integrated package of distinctive banking services, that positively reflects on national income and contributes to increasing the local products.
As well as, “Your Bank Online” system that works around the clock with the highest technological quality as per the international standards, and provide products like: the internet banking for individuals and corporates, mobile banking, UB digital wallet and the interactive ATM services.
End.
